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Virginia Housing Development Authority·Virginia

Commercial Real Estate Broker Services

Closes 11/13/2026$50k – $150kRequest for Proposal
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Description

The Virginia Housing Development Authority (VHDA) is seeking a qualified commercial real‑estate broker to provide professional brokerage services for its property portfolio. The firm will be responsible for identifying, marketing, and negotiating the sale or lease of commercial properties owned or managed by VHDA, offering market analyses, and delivering strategic recommendations to maximize value. This engagement is a standard professional‑services contract and requires experience with commercial transactions, familiarity with Virginia real‑estate regulations, and the ability to manage multiple property deals simultaneously. • Scope includes property valuation, marketing, buyer/tenant outreach, negotiation, and transaction closing support. • Services must align with VHDA’s mission to promote affordable housing and economic development in Virginia. • The contract will run until the final submission deadline on 13 Nov 2026, after which the agency will evaluate proposals and award the contract.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Cheryl Price

Key dates

Opened
10/15/2026
Closes
11/13/2026

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531210
Solicitation №
RFP-130095

Budget estimate

$50,000 – $150,000

Based on typical commercial brokerage fees (often 1–3% of transaction value) and the scale of VHDA’s portfolio, the contract could generate a commission ranging from roughly $50 k for smaller deals up to $150 k for larger, high‑value transactions. The estimate also considers possible retainer or advisory fees that brokers may charge, widening the potential earnings band.

AI estimate from the solicitation

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